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J&M 10 troy ounce Gold Bar 999.9

C$18,673.10

J&M 10 troy ounce 999.9 Fine Gold Bar

Size: 89 x 45 x 44 mm

Material: Pure Gold 999.9

Weight: 10 Troy Ounce/311 gram

A gold bar is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping.Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets.

The standard gold bar held as gold reserves by central banks and traded among bullion dealer is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar.

The kilobar or 10 troy ounce bars, which are to say 1000 and 311 grams respectively in mass, are the bars that are more manageable and used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold making it ideal for small transfers between banks and traders. Most of the kilobars and 10 ounce bars are flat although you will also find some investors in Europe will prefer the brick shape